Fulton Financial (NASDAQ: FULT) exec gets 5,768 RSUs and buys 1,273 shares
Rhea-AI Filing Summary
Fulton Financial Corp executive Kevin C. Gremer reported compensation-related equity awards and plan purchases of company stock. On May 1, 2026, he received a grant of 5,768 restricted stock units (RSUs), each representing one share of $2.50 par value common stock, bringing his RSU balance to 13,704.564 units.
The RSUs were granted under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan and cliff-vest three years from the grant date, with vested shares and accumulated dividend equivalents delivered at that time. A separate transaction on March 12, 2026 shows the acquisition of 1,272.5884 common shares at $19.645 per share through the Employee Stock Purchase Plan, resulting in 1,283.6797 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,272.5884 shares
Net Buy
2 txns
Insider
Gremer Kevin C
Role
SEVP Chief Operations & Tech
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,768 | $0.00 | $0.00 |
| Other | $2.50 par value Common Stock | 1,272.5884 | $19.645 | $25K |
Holdings After Transaction:
Restricted Stock Units — 13,704.564 shares (Direct);
$2.50 par value Common Stock — 1,283.6797 shares (Direct)
Footnotes (5)
- F1. Purchase made with cash in the Employee Stock Purchase Plan.
- F2. Includes 11.091234 shares acquired on April 15, 2026 pursuant to dividend reinvestment.
- F3. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.
- F4. Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.
- F5. The restricted stock units cliff-vest three years from the grant date. Vested shares, together with accumulated dividend equivalents will be delivered to the reporting person three years from the grant date.
Key Figures
RSUs granted: 5,768 units
RSU holdings after grant: 13,704.564 units
ESPP shares purchased: 1,272.5884 shares
+3 more
6 metrics
RSUs granted
5,768 units
Restricted stock unit award granted May 1, 2026
RSU holdings after grant
13,704.564 units
Total restricted stock units following May 1, 2026 grant
ESPP shares purchased
1,272.5884 shares
Common stock acquired March 12, 2026 via Employee Stock Purchase Plan
ESPP purchase price
$19.645 per share
Price for common stock acquired March 12, 2026
Common shares held
1,283.6797 shares
Direct common stock holdings after March 12, 2026 transaction
Dividend reinvestment addition
11.091234 shares
Shares acquired April 15, 2026 via dividend reinvestment
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, dividend reinvestment, cliff-vest, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Purchase made with cash in the Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
dividend reinvestment financial
"Includes 11.091234 shares acquired on April 15, 2026 pursuant to dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
cliff-vest financial
"The restricted stock units cliff-vest three years from the grant date."
dividend equivalents financial
"Vested shares, together with accumulated dividend equivalents will be delivered"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Kevin C. Gremer report in this Form 4 for FULT?
Kevin C. Gremer reported a grant of 5,768 restricted stock units and a separate Employee Stock Purchase Plan acquisition of 1,272.5884 Fulton Financial common shares, reflecting compensation-related awards and plan-based buying activity rather than open-market trading in the company’s stock.
How many restricted stock units did FULT executive Kevin Gremer receive?
Kevin Gremer received 5,768 restricted stock units, each equal to one Fulton Financial common share. After this award and including prior dividend reinvestment, his total RSU holdings reached 13,704.564 units, all granted under the company’s 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.
When do Kevin Gremer’s new FULT restricted stock units vest?
The 5,768 restricted stock units granted to Kevin Gremer cliff-vest three years from the May 1, 2026 grant date. At that time, vested shares, along with accumulated dividend equivalents, will be delivered to him, aligning the award with longer-term company performance and retention.